(Answered) Budgeting is a managerial tool used for financial planning

Management Studies

Budgeting is a managerial tool used for financial planning and control. Consider the features of budgeting and respond to the following:

What are the primary advantages of budgeting? Provide an example.
When can the budgeting process be a hindrance to an organization? Explain by giving some examples.

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Business Management, Management Studies

Category:- Business Management
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